An investment tool which is available for foreign investors who want to open a company in Spain is the special purpose vehicle (SPV), also referred to as special purpose entity (SPE). They are usually registered as subsidiaries of foreign companies, with the difference that they can secure their assets to such an extent that the company registered in Spain won’t suffer any damage even in the situation in which the parent company is affected by various financial issues. Businessmen can find out more details on the registration procedure from our team of company formation specialists in Spain.
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The main purpose of a SPV company in Spain
Companies set up as SPVs are registered in Spain to serve numerous purposes. Amongst them, we mention the following:
- securitisation;
- asset transfer;
- financing.
As a general rule, most of the investors use a Spanish SPV for securitization purposes. This refers to the fact that the company’s receivables can be secured and this is also applicable to loans. The SPV is also used for transferring various assets which are usually more difficult to transfer, but it is also an investment tool for financing new projects.
Those who are interested in company formation in Spain can start an SPV for infrastructure projects, which are financed under the regulations of the local authorities through public-private partnerships. The funding for the project is provided by both the Spanish institutions, as well as from funds made available by the European Union (EU). Later on, the local institutions approve the project which will enter the operational phase through the SPV. Investors may find more details on the applicable legislation from our team of company formation representatives in Spain.
Regulations for SPV in Spain
The Spanish legislation for SPV prescribes that the securities of the company must be traded on the public market. SPV registered in EU can benefit from provisions referring to the issuance of shares, as long as the SPV is not incorporated in tax-haven regions under the Spanish authority.
Interested in a team of accountants in Spain? You can rely on the services of our company. We offer our clients bookkeeping, payroll, audits, debt monitoring, fiscal and tax advice, and more. We collaborate with the relevant financial institutions and can prepare and edit the necessary documents for registration from a financial point of view. Count on us for professionalism, transparency, and efficiency.
Businessmen can find out more details on the registration of a SPV company from our team of company formation consultants in Spain.